24 July: Morning News (click on link to read article): IFCI Financial Services Limited

Morning News (click on link to read article)

Economic Times		Business Standard
Ø  DIPP to clean air on brand ownership for retail FDI Ø  Tata Steel to import high-end products from Europe Ø  Govt may ask CIL to import coal for power cos Ø  Dr Reddy's t/f large holding to family-owned Trust Ø  LG Electronics to debut global marketing campaign in India Ø  ITC posts 20% jump in net profit in Q1; cigarette revenue & hotel business impacted		Ø  Short-term farm loans may be restructured Ø  Small stocks crash on margin call triggers Ø  RIL, BP cut investment in oilfield to $1.96 bn Ø  Gold price rally sparks selling, buyers shy away Ø  FIIs net sell Rs 1,181cr, DIIs net buy Rs 423cr Ø  BHEL Q1 up 13% at Rs 921 cr Ø  Tips Ind rises on board nod for share buyback
Business Line		Mint
Ø  Tata Communications consolidated net loss narrows 34% Ø  Wockhardt closes nutrition business sale to Danone Ø  S&P revises outlook on Tata Steel Ø  JSW Steel net halves on forex loss of Rs 592 cr Ø  Domestic oil & gas companies feel the pressure Ø  FMC warns traders against price manipulation		Ø  ONGC shortlists 10 companies for seismic survey tender Ø  Multiple deals for OnMobile on the table Ø  Tata Steel plans to raise stake in subsidiaries Ø  SCI, Iran to separate assets Ø  Biocon revenues, profit decline Ø  SC cancels mine permits; Monnet Ispat declines
Financial Express		Financial Chronicle
Ø  Ambuja Cement quarter profit up 35% Ø  Builders call for cement sector regulator Ø  Sterlite Industries Q1 profit dips 27% Ø  JSW Ispat swings to profit in quarter Ø  Electronics industry seen at Rs 10K cr		Ø  Panel starts consultations to prepare GAAR roadmap Ø  Icra says growth slippages not to hit fund inflows Ø  Macquarie Bank sells shares worth Rs 75 cr in 6 companies Ø  S&P lowers outlook of Tata Steel, UK unit to negative Ø  Bata India's Apr-Jun net profit rises 28%

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